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we have more now on those fiscal cliff talks today between president obama and house speaker john boehner. emily schmidt is in washington. >> reporter: it this been 23 days since president obama and house speaker john boehner met face to face to talk about how to avert it. that's until they met this afternoon. this was a surprise meeting. nobody spotted boehner coming or going. nobody is saying much beyond two statements, one from the white house, from one boehner's office. the wording here is identical, ening with this, the lines of communication remain open. the two men last spoke by phone on wednesday. ontry, mr. boehner said the white house had wasted another week for potential compromise. we don't know what prompted this meeting, just that for the first time in a while, the two sides are agreeing on something even if it's just the wording of their statements and keeping tight lipped about what was said. don? >> emily, thank you very much. >>> in today's meetings between president obama and speaker boehner, is it a sign we're close to a fiscal cliff deal? i asked cnn senior political
we have more now on those fiscal cliff talks today between president obama and house speaker john boehner. emily schmidt is in washington. >> reporter: it this been 23 days since president obama and house speaker john boehner met face to face to talk about how to avert it. that's until they met this afternoon. this was a surprise meeting. nobody spotted boehner coming or going. nobody is saying much beyond two statements, one from the white house, from one boehner's office. the wording...
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president obama and john boehner met face-to-face at the white house to try to prevent the fiscal cliff. now just 23 days away. >>> the wording here is identical, ending with this, the lines of communication remain open. the two men last spoke by phone on wednesday and on friday mr. boehner said the white house had wasted another week for potential compromise. we don't know what prompted this meeting just that for the first time in a while the two sides are agreeing on something even if it's just the wording of their statements and keeping tight-lipped about what was said. don? >> thank you very much. >>> in today's meetings between president obama and speaker boehner, is it a sign that we are close to a fiscal cliff deal? i asked the senior cnn analyst, david gergen. >> this week is a crucial week to see if they can get a break through. in fact, they are willing to sit down and they did it in private, and instead of the political theater we have seen in the last few weeks i think that's encouraging. there's even a bigger long-term issue, and that is whether the kind of agreement they c
president obama and john boehner met face-to-face at the white house to try to prevent the fiscal cliff. now just 23 days away. >>> the wording here is identical, ending with this, the lines of communication remain open. the two men last spoke by phone on wednesday and on friday mr. boehner said the white house had wasted another week for potential compromise. we don't know what prompted this meeting just that for the first time in a while the two sides are agreeing on something even...
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he can get john boehner to capitulate or he can say the hell with it, let's go off the fiscal cliff and blame the republicans. >> if he had had the top two percent pay in just a little bit more of their fair share, that would fund the government for only 8. 5 daition. it's not realistic. >> no. it's rubbish, all this. that so called buffett tax, if you implement that on warren buffett and all his pals, it will pay off obama's 2011 deficit in the year 2520 circumstance, in 514 years time, and then we'll need the next half millenium to pay off his 2012 deficit. >> i think the republicans were sent there with a mandate as well as president. obviously the american people voted for the status quo. they voted for divided government. here's the question i have. i would no want them to think os and grand hides and the slem hammer we're robbing them with. if obama wants to take the country off the fiscal cliff, they need to go there. they seem afraid of that. do you see that. >> it's clear from the election that the majority of americans essentially voted for european levels of spending. you can
he can get john boehner to capitulate or he can say the hell with it, let's go off the fiscal cliff and blame the republicans. >> if he had had the top two percent pay in just a little bit more of their fair share, that would fund the government for only 8. 5 daition. it's not realistic. >> no. it's rubbish, all this. that so called buffett tax, if you implement that on warren buffett and all his pals, it will pay off obama's 2011 deficit in the year 2520 circumstance, in 514 years...
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john boehner is meeting with president obama on the fiscal cliff as we speak. those are the headlines. tonight in "the war room," you'll get the story. ♪ which side are you on, boy ♪ ♪ which side are you on ♪ >> jennifer: let's start tonight with one of california's most significant contributions to the world... blue jeans! during the gold rush, bavarian immigrant began making durable cotton pants for miners seeking their fortune in the california hills. that man was levi strauss. now, 140 years later 450 million pairs of jeans are sold every year in the u.s. alone. now, you would think with that volume, the manufacturing process would be totally mechanized but actually a lot of it is still done by hand. a typical pair of jeans is made from 15 individual pieces, someone has to oversee cutting all of those pieces and sew them together and as you can see in this discovery channel documentary, the seams get ironed out flat then the zipper and the rivets are attached and finally, because who wants new-looking jeans they get distressed. workers put them on g
john boehner is meeting with president obama on the fiscal cliff as we speak. those are the headlines. tonight in "the war room," you'll get the story. ♪ which side are you on, boy ♪ ♪ which side are you on ♪ >> jennifer: let's start tonight with one of california's most significant contributions to the world... blue jeans! during the gold rush, bavarian immigrant began making durable cotton pants for miners seeking their fortune in the california hills. that man was...
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as john boehner fights over the fiscal cliff with democrats and the president, he is cracking down now on some house conservatives that he thinks are a bit too free spirited. john boehner kicked two republicans off the house budget committee. he got rid of another two on the financial services committee. all four voted against the 2011 debt ceiling deal. the two on the budget committee voted against paul ryan's budget. the chairman of the budget committee. speaker boehner issued these punishments with the full support of the republican leadership including the majority leader eric cantor and majority whip kevin mccarthy. jonathan capehart, this is fascinating. i am interpreting this as a positive thing for president obama and the democrats in an attempt to at some point either before or after going off the cliff, reaching some kind of deal with boehner. what boehner's message seems to be to these conservatives willing to vote for something because it is not conservative enough. i need better team players if i'm going to walk back from the white house with a deal. i need your vote on it
as john boehner fights over the fiscal cliff with democrats and the president, he is cracking down now on some house conservatives that he thinks are a bit too free spirited. john boehner kicked two republicans off the house budget committee. he got rid of another two on the financial services committee. all four voted against the 2011 debt ceiling deal. the two on the budget committee voted against paul ryan's budget. the chairman of the budget committee. speaker boehner issued these...
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the fiscal cliff 23 days away. we don't have much on details, but reps from both sides say there's much to talk about. and here is oklahoma senator, tom coburn. will i accept a tax increase if it solves our problem? yes. >>> a cloud of political we have put ourselves into a hold. we're not going to raise taxes and borrow money and get out of it. will i accept a tax increase as part of a deal to solve our problems? yes. >> president obama wants republicans to sign off on the wealthy tax hike before any negotiations about send spending cuts dpin. >>> a cloud of political uncertainty hanging over venezuela. hugo chavez is traveling to cuba for surgery for a third time. this time he named the vice president to replace him in case something was to happen to them. earlier parliament votes unanimously to give him permission leave the country. >>> a man who shot three people to death on an indian reservation in california has been killed. police near fresno were involved in the shoot-out with the man that reportedly opened
the fiscal cliff 23 days away. we don't have much on details, but reps from both sides say there's much to talk about. and here is oklahoma senator, tom coburn. will i accept a tax increase if it solves our problem? yes. >>> a cloud of political we have put ourselves into a hold. we're not going to raise taxes and borrow money and get out of it. will i accept a tax increase as part of a deal to solve our problems? yes. >> president obama wants republicans to sign off on the...
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up next, the fiscal cliff. president obama is in campaign mode while republicans are considering -- well, considering. can the president pull off a historic victory? maybe, you're watching hardball. the place for politics. >> welcome back to "hardball." last night, john boehner met one-on-one to crunch a fiscal deal. tfts the first time the two men met alone like this since the summer of 2011. the president was in michigan speaking before autoworkers and selling his tax plan. >> if congress doesn't act soon, meaning the next few weeks, starting on january 1st, everyone is going to see their income taxes go um. it's true. you all don't like that. we can solve this problem. all congress needs to do is pass a law that could prevent a tax hike on the first $250,000 of everybody's income. everybody. [ applause ] that means 98% of americans and probably a hundred percent of ewe. >> some americans are slowly but steadily facing on the reality of fiscal americans. >> there is a growing group of folks that are looking a
up next, the fiscal cliff. president obama is in campaign mode while republicans are considering -- well, considering. can the president pull off a historic victory? maybe, you're watching hardball. the place for politics. >> welcome back to "hardball." last night, john boehner met one-on-one to crunch a fiscal deal. tfts the first time the two men met alone like this since the summer of 2011. the president was in michigan speaking before autoworkers and selling his tax plan....
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john boehner now facing backlash from his own party over the fiscal cliff proposal that he made with some saying it doesn't go far enough to fix the deficit. we'll break down what this means for negotiations ahead with our morning joe panel. but up next -- you never know who you'll see on a new york city subway. and for one kindly old lady, she literally did not know who she was seeing and sitting next to. we'll play her full conversation with jay-z when "way too early" comes right back. [ woman ] ring. ring. progresso. i just finished a bowl of your new light chicken pot pie soup and it's so rich and creamy... is it really 100 calories? let me put you on webcan... ...lean roasted chicken... and a creamy broth mmm i can still see you. [ male announcer ] progresso. you gotta taste this soup. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and regis
john boehner now facing backlash from his own party over the fiscal cliff proposal that he made with some saying it doesn't go far enough to fix the deficit. we'll break down what this means for negotiations ahead with our morning joe panel. but up next -- you never know who you'll see on a new york city subway. and for one kindly old lady, she literally did not know who she was seeing and sitting next to. we'll play her full conversation with jay-z when "way too early" comes right...
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the impending fiscal cliff. the two sides have reported it will patrol gress so far. so what now? that satellite launched earlier in week by north korea, may or may not be working properly. u.s. officials indicate the spacecraft is tumbling. but not likely to crash in to the earth. there are questions about whether the national labor relations board has gone from impartial rulings to a pro-union bias. we look at the agency. "special report" from washington starts at 6:00 eastern. now have back to fork and my colleagues with "the five." ♪ ♪ >> andrea: welcome back to "the five." barbara walters revealed her most fascinating person picked last night. we'll tell you our thoughts in a moment. but first, the list inspired me along with "time" magazine upcoming person of the year naming to hit the streets to ask americans who they think deserves the title. who do you think should be person of the year? >> harry from one direction. >> eli manning. >> the president. >> i think mitt romney. i think. i mean it's hard
the impending fiscal cliff. the two sides have reported it will patrol gress so far. so what now? that satellite launched earlier in week by north korea, may or may not be working properly. u.s. officials indicate the spacecraft is tumbling. but not likely to crash in to the earth. there are questions about whether the national labor relations board has gone from impartial rulings to a pro-union bias. we look at the agency. "special report" from washington starts at 6:00 eastern. now...
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. >>> up next, are republicans and democrats looking for ways of climbing down from the fiscal cliff? the president, house speaker john boehner meeting at the white house. new signs of give on both sides but can either side go far enough without losing their core of supporters? >>> welcome back "raw politics" now. 22 worried days until america goes off the fiscal cliff. or maybe 21 worrying days and one panicking night. there are signs even three weeks out that neither side really wants to push it to the very end. president obama today speaking at a truck engine plant in michigan said he's willing to give a little but he's not willing to compromise when it comes to higher taxes on the wealthiest americans. notice, though, he did not say he was married to a specific rate, such as all the way back to the clinton-era levels. as for house speaker boehner who he met with yesterday at the white house, he said the gop offer remains the same, no rate hikes. however, there were more signs over the weekend that republican unity may be cracking a little bit with a number of lawmakers who want to
. >>> up next, are republicans and democrats looking for ways of climbing down from the fiscal cliff? the president, house speaker john boehner meeting at the white house. new signs of give on both sides but can either side go far enough without losing their core of supporters? >>> welcome back "raw politics" now. 22 worried days until america goes off the fiscal cliff. or maybe 21 worrying days and one panicking night. there are signs even three weeks out that...
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. >> the house speaker, john boehner, is speaking now on the house floor regarding the fiscal cliff. let's take a listen. >> beyond 1:50 p.m. today. >> the speaker of the house for five minutes. >> the speaker, last week republicans made a serious offer to avert the fiscal cliff, and most of it was based on testimony given last year by president clinton's former chief of staff erskine bolles. as he said on sunday, we have to cut spending. well, he is right. washington has a spending problem. let's be honest, we're broke, and the plan that we've offered is consistent with the president's call for a balanced approach. a lot of people know that the president and i met on sunday. it was a nice meeting. cordal. we're still waiting for the white house to identify what spending cuts the president is willing to make as part of the balanced approach that he promised the american people. you know, where are the president's spending cuts? the longer the white house slow walks this process, the closer our economy gets to the fiscal cliff. here's what we do know. we know that the president wants
. >> the house speaker, john boehner, is speaking now on the house floor regarding the fiscal cliff. let's take a listen. >> beyond 1:50 p.m. today. >> the speaker of the house for five minutes. >> the speaker, last week republicans made a serious offer to avert the fiscal cliff, and most of it was based on testimony given last year by president clinton's former chief of staff erskine bolles. as he said on sunday, we have to cut spending. well, he is right. washington...
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john boehner says he's still hopeful a fiscal cliff deal will happen, but he and other top republicans today plan the husband's latest proposal. >> the longer the white house slow walks this discussion, the closer our economy gets to the fiscal cliff and the more american jobs are placed in jeopardy. >> simultaneous tax hikes and spending cuts could happen at the start of the year if a deal isn't reached. nelson mandela is responding to treatment for a lung infection. that is according to statements from south african president zuma. he was rushed to the hospital over the weekend, 94 years old. >>> hugo chavez's six-hour surgery was apparently a success. chavez announced saturday his cancer has returned but he has never said what type of cancer he has. >>> near portland, oregon, police say this shopping mall was bustling with 10,000 people when a mass gunman believed to be in his 20s opened fire. witnesses say he fired at random, killing two people and leaving a third victim, quote, fighting for her life. shotgun blasts he cechoed throu the mall and sent them running for cover. >> i wa
john boehner says he's still hopeful a fiscal cliff deal will happen, but he and other top republicans today plan the husband's latest proposal. >> the longer the white house slow walks this discussion, the closer our economy gets to the fiscal cliff and the more american jobs are placed in jeopardy. >> simultaneous tax hikes and spending cuts could happen at the start of the year if a deal isn't reached. nelson mandela is responding to treatment for a lung infection. that is...
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business. >>> up next, the fiscal cliff. president obama met again today with house speaker john boehner but can boehner deliver his caucus? that's the toughest job for him and for the country. can he deliver enough republicans to be a respectable republican leader in this is "hardball," the place for politics. aids affects us all. even babies. chevron is working to stop mother-to-child transmission. our employees and their families are part of the fight. and we're winning. at chevron nigeria, we haven't had a reported case in 12 years. aids is strong. aids is strong. but we are stronger. and aids... ♪ aids is going to lose. aids is going to lose. ♪ it's so great to see you. you, too! oh, cloudy glasses. you didn't have to come over! actually, honey, i think i did... oh? you did? whoa, ladies, easy. hi. cascade kitchen counselor. we can help avoid this with cascade complete pacs. see, over time, cascade complete pacs fight film buildup two times better than finish quantum. to help leave glasses sparkling shiny! too bad i
business. >>> up next, the fiscal cliff. president obama met again today with house speaker john boehner but can boehner deliver his caucus? that's the toughest job for him and for the country. can he deliver enough republicans to be a respectable republican leader in this is "hardball," the place for politics. aids affects us all. even babies. chevron is working to stop mother-to-child transmission. our employees and their families are part of the fight. and we're winning....
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he is behind closed doors right now with the president, talking about the fiscal cliff. this may be a last ditch attempt to try to get a deal. >> president obama was not fretting about the fiscal cliff as he strolled to a holiday party, joking with fox news about the warm weather and expressing hope about a deal. >> it's a work in propro gress. >> speaker boehner not so hopeful. >> it's this issue. spending. he rails against what he claims is not enough spending cut in the proposal and slammed the push for executive powr to raise the debt ceiling something that the democrats never would have given former president george w. bush. >> do you think there is any chance senator obama would have done that? zero. congress is never going to give up our ability to control the purse. >> new fox poll suggests the public wants spending reigned in, with 4% saying the federal government provides too many services. only 20% says too few services, 25% says the right amount. yet, the talks are now so far off-track a senior democrat tells fox at private dinner on wednesday, senate majorit
he is behind closed doors right now with the president, talking about the fiscal cliff. this may be a last ditch attempt to try to get a deal. >> president obama was not fretting about the fiscal cliff as he strolled to a holiday party, joking with fox news about the warm weather and expressing hope about a deal. >> it's a work in propro gress. >> speaker boehner not so hopeful. >> it's this issue. spending. he rails against what he claims is not enough spending cut in...
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burns gives us a rich man's look at the fiscal cliff. >> think of the economy as a car and the rich man is the driver. if you don't give the driver, he'll drive you over a cliff. >> that's an aside show and this is "hardball," the place for politics. >>> never too early for pollsters to start head to 2016. guess who's looking very strong? hillary clinton. a new abc news/washington post poll say they would back hillary clinton. it's helpful no one has run a campaign against clinton for the past four years and also helping her numbers is 68% approve of the job she's done as secretary of state for this country. >>> welcome back to "hardball." we know now that mitt romney blames his loss on obama's gifts. i should put the quote marks around that. the much maligned 47% came out in force. last night paul ryan distanced himself from his running mate's remarks. take a look. >> both parties tend to divide americans into our voters and their voters. let's be really clear. republicans must steer far clear of that trap. we must speak to aspirations and anxieties of every american. >> you know, it's
burns gives us a rich man's look at the fiscal cliff. >> think of the economy as a car and the rich man is the driver. if you don't give the driver, he'll drive you over a cliff. >> that's an aside show and this is "hardball," the place for politics. >>> never too early for pollsters to start head to 2016. guess who's looking very strong? hillary clinton. a new abc news/washington post poll say they would back hillary clinton. it's helpful no one has run a...
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burns gives us a rich man's look at the fiscal cliff. >> think of the economy as a car and the rich man is the driver. if you don't give the driver, he'll drive you over a cliff. >> that's an aside show and this is "hardball," the place for politics. you can stay in and share something... ♪ ♪ ...or you can get out there with your friends and actually share something. ♪ the lexus december to remember sales event is on, offering some of our best values of the year. this is the pursuit of perfection. offering some of our best values of the year. when you take a closer look... ...at the best schools in the world... ...you see they all have something very interesting in common. they have teachers... ...with a deeper knowledge of their subjects. as a result, their students achieve at a higher level. let's develop more stars in education. let's invest in our teachers... ...so they can inspire our students. let's solve this. >>> never too early for pollsters to start head to 2016. guess who's looking very strong? hillary clinton. a new abc news/washington post poll say they would back hil
burns gives us a rich man's look at the fiscal cliff. >> think of the economy as a car and the rich man is the driver. if you don't give the driver, he'll drive you over a cliff. >> that's an aside show and this is "hardball," the place for politics. you can stay in and share something... ♪ ♪ ...or you can get out there with your friends and actually share something. ♪ the lexus december to remember sales event is on, offering some of our best values of the year....
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now, about the fiscal cliff, john boehner's in town. that's relatively rare for him to stay in town on the weekend. the president was here, but there were meetings yesterday. nancy pelosi came in and out. no one saw her. we thought reading the tea leaves maybe there would be some movement. there was some movement. the president is playing golf. haven't seen hide nor hair of john boehner. >> mike viqueira, thank you, good sir. for more insight into where all of this is headed and whether there could be a breakthrough, i'd like to bring in david jackson, white house reporter for "usa today," and the politics writer for "roll call." appreciate your time. david, what's your sense right now? how far apart are the two sides? >> i think they're closer than a lot of people think because as mike just mentioned the dispute the size of the tax increase on the wealthy. both sides have said they want to negotiate what that rate may be. as far as the republicans are concerned, they want more commitment from the white house for spending cuts particula
now, about the fiscal cliff, john boehner's in town. that's relatively rare for him to stay in town on the weekend. the president was here, but there were meetings yesterday. nancy pelosi came in and out. no one saw her. we thought reading the tea leaves maybe there would be some movement. there was some movement. the president is playing golf. haven't seen hide nor hair of john boehner. >> mike viqueira, thank you, good sir. for more insight into where all of this is headed and whether...
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president obama and house speaker john boehner set to meet today to discuss the fiscal cliff as the two sides have been struggling, to say the least, to reach a deal. speaker boehner says president obama wants tax increases but is resistant to spending cuts. the president is optimistic about a deal but acknowledges it's a work in progress. in public opinion, a poll from the pew research center 55% say the president is making a serious effort to reach a agreement. 32% of republican leaders. mike, we're hearing frustration from republicans but the breaking news, 5:00 p.m. east coast time these two getting together again. >> this is critical a 5:00 meeting at the white house between the president and speaker, the two key figures in trying to hammer out a deal. the republicans were trying to make the point spending is the nature of the government's problem, not tax revenue. they prepared a chart showing spending is expected to increase from now to 2041 while tax revenue is expected to hold consistent. so at one point today the speaker of the house sounded like he was kind of tired of answer
president obama and house speaker john boehner set to meet today to discuss the fiscal cliff as the two sides have been struggling, to say the least, to reach a deal. speaker boehner says president obama wants tax increases but is resistant to spending cuts. the president is optimistic about a deal but acknowledges it's a work in progress. in public opinion, a poll from the pew research center 55% say the president is making a serious effort to reach a agreement. 32% of republican leaders....
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boehner will reach an agreement to avoid the fiscal cliff. >> there is a growing group of folks that are looking at this and realizing that we don't have a lot of cards as it relates to the tax issue before year end. i mean, we have one house, that's it. the presidency and the senate and the democrats' hands. >> coming up, here congressman chris van holland, the top house democrat in these talks. >> along with bill daley, the former white house chief of staff who prided over the last round of budget negotiations. in the meantime, the anti-union fight, which is michigan. the heart and soul of the labor movement. after saying it was their best prank ever, are these crocodile tears? the aussie dj's are all apologies now that the nurse has tragically committed suicide. >> i mean, personally i'm -- >> the thought that we may have played a part in that is gut wrenching. >> and speaking of tears, "saturday night live" spoofed the fiscal cliff talks this week in that opening skit. president obama says he is giving in to republicans to save boehner face. >> you know what, republicans, you win
boehner will reach an agreement to avoid the fiscal cliff. >> there is a growing group of folks that are looking at this and realizing that we don't have a lot of cards as it relates to the tax issue before year end. i mean, we have one house, that's it. the presidency and the senate and the democrats' hands. >> coming up, here congressman chris van holland, the top house democrat in these talks. >> along with bill daley, the former white house chief of staff who prided over...
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>>host: has part of our series looking at the fiscal cliffs we look at different aspects today we turn our attention to the amt and the patch that could work out a deal if they do nothing it will affect 30 million americans. john buckley thank you for being here. what is the alternative minimum tax? >>guest: you pay the greater of the regular income tax or under the minimum tax that has the broader-based to disallow those deductions. >> in some respects it is similar to the itemize deductions rather than directly attack it puts the overall cap there is no new ideas it bears a strong relationship. >>host: here's the form for the 2011 tax preparation the alternative minimum taxes you fall into it? how do you know, ? >> i believe you could only do this with computer programs like tax prepares if fried did not have that i do believe that at&t would have been killed along time ago if people really had to do that to figure out the details there would be a strong revolt against the complexity. it is extremely burdensome if you try to do it without preparation. >>host: give us the history. >>g
>>host: has part of our series looking at the fiscal cliffs we look at different aspects today we turn our attention to the amt and the patch that could work out a deal if they do nothing it will affect 30 million americans. john buckley thank you for being here. what is the alternative minimum tax? >>guest: you pay the greater of the regular income tax or under the minimum tax that has the broader-based to disallow those deductions. >> in some respects it is similar to the...
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and avoid the so-called fiscal cliff. and they only have 19 days left. at the same time, the president's short list for secretary of state is even shorter right now, now that the ambassador susan rice has taken her name out of the running to replace hillary clinton. our chief white house correspondent jessica yellin and our senior congressional correspondent, dana bash, they are both standing by. jessica, first to you on the obama/b obama/boehner meeting that's going on what are you hearing? >> the meeting began 50 minutes ago in the oval office, and the purpose of this 11th hour meeting is to see if they can find a breakthrough. to see if there is any way that they can reach a deal in the 11th hour, wolf. for the speaker, that would mean essentially if he can get more spending cuts from the president. if there is a way they can achieve entitlement reform and enough of a spending agreement that would make it worth the speaker's while and able to sell it to his base. for the president, it means, will the speaker give on ta
and avoid the so-called fiscal cliff. and they only have 19 days left. at the same time, the president's short list for secretary of state is even shorter right now, now that the ambassador susan rice has taken her name out of the running to replace hillary clinton. our chief white house correspondent jessica yellin and our senior congressional correspondent, dana bash, they are both standing by. jessica, first to you on the obama/b obama/boehner meeting that's going on what are you hearing?...
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the fiscal cliff, raising tax rates on the richest americans for them is still off the table. >> the revenues on the table are coming from, guess who? the rich. there are ways to limit deductions, close loopholes, and have the same people pay more of their money to the federal government without raising tax rates, which we believe will harm our economy. if the president doesn't agree with our proposal and our outline, i think he's got an obligation to send one to the congress. a plan that can pass both chambers of congress. >> joining me now is former vermont governor howard dean and msnbc's krystal ball. governor dean, our treasury secretary is a very careful speaker. when asked if they're prepared to go off the cliff, his first word was absolutely. there was nothing, nothing could be more clear that this administration means what they say about getting what they want at this point. >> yeah. the only problem is -- this is a little initially going to team like heresy, the truth is everybody needs to pay more taxes, not just the rich. that's a good start. we won't get out of the probl
the fiscal cliff, raising tax rates on the richest americans for them is still off the table. >> the revenues on the table are coming from, guess who? the rich. there are ways to limit deductions, close loopholes, and have the same people pay more of their money to the federal government without raising tax rates, which we believe will harm our economy. if the president doesn't agree with our proposal and our outline, i think he's got an obligation to send one to the congress. a plan that...
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burns gives usña rich man' look at the fiscal cliff. >> think of the economy as a car and the rich man is the driver. if you don't give the driver, he'll drive you over a cliff. >> that's an aside show and this is "hardball," the place for politics. two years ago, the people of bp made a commitment to the gulf. bp has paid over twenty-three billion dollars to help those affected and to cover cleanup costs. today, the beaches and gulf are open, and many areas are reporting their best tourism seasons in years. and bp's also committed to america. we support nearly 250,000 jobs and invest more here than anywhere else. we're working to fuel america for generations to come. our commitment has never been stronger. >>> never too early for pollsters to start head to 2016. guess who's looking very strong? hillary clinton. aç new abc news/washington pos poll say they would back hillary clinton. it's helpful no one has run a campaign against clinton for the past four years and also helping her numbers is 68% approve of theon she's done as secretary of state for this country. i'm done! "are you a
burns gives usña rich man' look at the fiscal cliff. >> think of the economy as a car and the rich man is the driver. if you don't give the driver, he'll drive you over a cliff. >> that's an aside show and this is "hardball," the place for politics. two years ago, the people of bp made a commitment to the gulf. bp has paid over twenty-three billion dollars to help those affected and to cover cleanup costs. today, the beaches and gulf are open, and many areas are...
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for what we all hope will result in a bit of progress in the fiscal cliff negotiations. congressman peter welch is a democrat from vermont and deputy chief whip and he joins us now. good afternoon, sir. >> good afternoon. >> the president has said that he wants to raise revenues, and so very specifically he wants tax rates on the rich to go up. speaker boehner says he wants to cut spending. but then he won't specify the cuts he'd like. why is that? >> he's got a tough negotiating situation. he's got to put on a show for his base and his base ran for spending cuts and for tax cuts. they know revenues are going to go up. speaker ba eer boehner knows th president is going to get his way so he's putting on a show. >> in the new nbc news/"wall street journal" poll when asked if these leaders should compromise to get a deal, 70% of democrats said yes while just 59% of republicans agreed. and now i'd like you to listen to minority leader pelosi today discussing changes to eligibility for medicare, something republicans say should be on the table. take a listen. >> don't even th
for what we all hope will result in a bit of progress in the fiscal cliff negotiations. congressman peter welch is a democrat from vermont and deputy chief whip and he joins us now. good afternoon, sir. >> good afternoon. >> the president has said that he wants to raise revenues, and so very specifically he wants tax rates on the rich to go up. speaker boehner says he wants to cut spending. but then he won't specify the cuts he'd like. why is that? >> he's got a tough...
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cliff. >>> and the fed takes the new and surprising step in its ongoing efforts to boost the economy, tying interest rates directly to the u.s. unemployment rate. >>> plus, investors cheering the plan to save danone's plans to offset losses over the next two years. >> announcer: you're watching "worldwide exchange," bringing you business news from around the globe. >>> welcome to the program. coming up on today's show, we'll be plenty busy. we head out to tokyo where carry enjoji has been talking about the upcoming elections. then, we hone in on central london where one pilot project is living roof and major buildings. find out what green living can do go r to improve the area. >>> and today, the 1 billionth international tourist will reportedly arrive at a destination in the world. at 11:20 central time, we'll speak to the world travel council to find out why france is still the world's top destination but more money is spent in the u.s. and central america is now a star performer. first, w
cliff. >>> and the fed takes the new and surprising step in its ongoing efforts to boost the economy, tying interest rates directly to the u.s. unemployment rate. >>> plus, investors cheering the plan to save danone's plans to offset losses over the next two years. >> announcer: you're watching "worldwide exchange," bringing you business news from around the globe. >>> welcome to the program. coming up on today's show, we'll be plenty busy. we head out...
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deal to avert the fiscal cliff it is keeping busy with other business. it is passing the no fly act to allow them to determine which luggage will be rescreened. most bags with checked a second time and that leads to a lot of people missing their flights. we're back after the break. you know who's coming on to me now? you know the kind of guys who do like verse mortgage commercials? those types are coming on to me all the time now. >> she gets the comedians laughing... >> that's hilarious! >> ...and the thinkers thinking. >> okay, so there's wiggle-room in the ten commandments is what you're telling me. >> you would rather deal with ahmadinejad then me. >> absolutely! >> and so would mitt romeny. >> she's joy behar. >> and the best part is that current will let me say anything. what the hell were they thinking? >> only on current tv. [ singing christmas carols in background ] aunt sally's singing again. it's a tradition honey. [ singing christmas carols ] mmmm. [ female announcer ] make new traditions with pillsbury grands! cinnamon rolls. ♪ ♪ [ femal
deal to avert the fiscal cliff it is keeping busy with other business. it is passing the no fly act to allow them to determine which luggage will be rescreened. most bags with checked a second time and that leads to a lot of people missing their flights. we're back after the break. you know who's coming on to me now? you know the kind of guys who do like verse mortgage commercials? those types are coming on to me all the time now. >> she gets the comedians laughing... >> that's...
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a deliberate strategy to slow walk our economy right to the edge of the fiscal cliff. it's time for the president, if he's serious to come back to us with a counter offer. >> the president told a virginia family on thursday he won't back down on taxing the rich. >> just to be clear, i'm not going to sign any package that somehow prevents the top rate from going up for folks at the top 2%. but i do remain optimistic that we can get something done that is good for families like this one. >> the rebels gain on assad raising fears he might use chemical weapons. that was enough to frighten the russians into talking with hillary clinton about a political transition. >> the united states stands with the syrian people in insisting that any transition process re -- result in a unified democratic syria in which all citizens are represented. the future of this kind cannot possibly include assad. >> a tragic turn of events in london. the nurse that first transferred that prank call to duchess catherine is found dead. david axelrod shaves it all off on "morning joe." >> joe scarbor
a deliberate strategy to slow walk our economy right to the edge of the fiscal cliff. it's time for the president, if he's serious to come back to us with a counter offer. >> the president told a virginia family on thursday he won't back down on taxing the rich. >> just to be clear, i'm not going to sign any package that somehow prevents the top rate from going up for folks at the top 2%. but i do remain optimistic that we can get something done that is good for families like this...
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to tell us about the fiscal cliff clayen. jacki schechner healthcare geek. i ahead an article on the hill, we should warn the cockles -- leave medicaid out of the talks. liberals are pressing to take medicate off the table in deficit reduction talks. you talked about this in our last jacki's healthcare corner. >> the medicaid expansion is interesting because part of the way that we're going to get everybody covered is expanding medicaid up to 133% of poverty. that's part of the affordable care act. and the president and the administration are being very strong right now about insisting that states have to follow the law to a t and not be able to implement it incrementally or partially. so not only leave it out of the talk but the administration is holding firm right now and insisting that this medicaid expansion either take place in its entirety or not at all. >> stephanie: i wound up the healthcare bot. >> sorry. [ laughter ] >> stephanie: very good. love you. now here she is putting on her little news hat in the current new
to tell us about the fiscal cliff clayen. jacki schechner healthcare geek. i ahead an article on the hill, we should warn the cockles -- leave medicaid out of the talks. liberals are pressing to take medicate off the table in deficit reduction talks. you talked about this in our last jacki's healthcare corner. >> the medicaid expansion is interesting because part of the way that we're going to get everybody covered is expanding medicaid up to 133% of poverty. that's part of the affordable...
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. >>> talks between the white house and republicans over the fiscal cliff are grinding to a hold. house speaker john boehner dealing with division in the gop's ranks to his budget plan. we've got a shanghai surprise. china's mainland markets up over nearly 3% after beijing's new leaders called for economic stability and new business growth. and it looks like more austerity for britain. george osborne getting ready to release his autumn statement. >>> nokia shares a little bit high today. they are teaming up with china mobile, giving access to the world's biggest mobile phone markets. >>> if you just got up, very warm welcome to the start of your global trading day. stocks are on the front foot this morning. this is where we stand with u.s. futures. currently called up around about 30 points higher. the dow down, what, 13 points? the nasdaq called up just under 40 points. the s&p 500 at the moment is called up just over three points. it was down two points yesterday. european stocks doing a little built better. they were as flat as a pancake, as i've been saying. as flat as my panc
. >>> talks between the white house and republicans over the fiscal cliff are grinding to a hold. house speaker john boehner dealing with division in the gop's ranks to his budget plan. we've got a shanghai surprise. china's mainland markets up over nearly 3% after beijing's new leaders called for economic stability and new business growth. and it looks like more austerity for britain. george osborne getting ready to release his autumn statement. >>> nokia shares a little bit...
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about the fiscal cliff negotiations, but there is no progress. they still have a stand off over the rates. the president still wants to raise rates on the top 2% of americans. the speaker is not moving on that position. this comes on the same day that secretary geithner made it clear in language they have not used before, just how far they're willing to go in the administration to stand by those terms. >> is the administration prepared today go over the fiscal cliff? >> absolutely. there is no agreement without those rates going up on the top 2%. and they all get a tax cut on the first $250,000 of their income. >> reporter: so wolf, it's a step forward that they're talking, but in essence, where we stand right now, it's still a stalemate. >> any indication that the vice president, secretary of treasury, others are talking with top people on capitol hill? meeting face to face and going through these items line by line? >> reporter: my understanding is that the white house is not going to start negotiating the details until they hear either more sp
about the fiscal cliff negotiations, but there is no progress. they still have a stand off over the rates. the president still wants to raise rates on the top 2% of americans. the speaker is not moving on that position. this comes on the same day that secretary geithner made it clear in language they have not used before, just how far they're willing to go in the administration to stand by those terms. >> is the administration prepared today go over the fiscal cliff? >> absolutely....
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the fiscal cliff. >>> take a look at european trade this morning. ftse mib is leading the way down, down 3.37% at the moment. so continuing to slowly build on those losses. we have seen a couple of italian banks halted after being downgraded 5%. somewhat smaller losses across the rest of the bourses. the ibex 35 in spain, down almost 1.5%. we can take a quick look there.f investors are rotating out of the periphery. italy and spain, moving higher. bund is below 1.3% as a result. italian shares are trading lower. banks stocks particularly hard hit on the back of political uncertainty generated by mario monte's position to resign from his post as prime minister. his departure is likely to lead to an early election in february. monte's predecessor has announced his attention intengz to return to office. sylvia berlusconi says he'll seek a fifth term as italian premier. carolin is following this situation from rome. how likely is it that we see berlusconi return to politics next year? >> kelly, you know wh
the fiscal cliff. >>> take a look at european trade this morning. ftse mib is leading the way down, down 3.37% at the moment. so continuing to slowly build on those losses. we have seen a couple of italian banks halted after being downgraded 5%. somewhat smaller losses across the rest of the bourses. the ibex 35 in spain, down almost 1.5%. we can take a quick look there.f investors are rotating out of the periphery. italy and spain, moving higher. bund is below 1.3% as a result....
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the fiscal cliff is hanging on the market. as soon as you see john boehner talk for obama it doesn't matter. the market seems to come off of that news. traders have got to look out if there's a joint announcement, chances are they're close to a deal, we will see the market higher. look out for that. dave: let's get off of stocks and deal with oil. we see oil slipping a bit and you see a point at which you might stop and that is $84.50. that is the point we have got to look at coming in next week as the starting point for this drop. phil: we have come down to that range several times over the last few weeks and that is when you had highest level supply out there and you didn't really have much geopolitical risk. we start to come back to that mode so we will scale back to that level before things heat up in the middle east and we have supply crunches due to the cold weather ahead of us. >> next week we have the final fit meeting of the year. the jobs report and everything we have been seeing. phil: we will see the fed continue o
the fiscal cliff is hanging on the market. as soon as you see john boehner talk for obama it doesn't matter. the market seems to come off of that news. traders have got to look out if there's a joint announcement, chances are they're close to a deal, we will see the market higher. look out for that. dave: let's get off of stocks and deal with oil. we see oil slipping a bit and you see a point at which you might stop and that is $84.50. that is the point we have got to look at coming in next...
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he can cut a deal to avert the fiscal cliff. there has been an epidemic of open-mindedness as republicans try to win minority votes and create a version of their party that can be competitive in states like connecticut and california. the republicans may still blow it. if president obama is flexible and they don't meet him part way, republicans would contribute to a recession that would discredit them for a decade. but they are moving in the right direction and moving fast. these are first steps, and encouraging ones. >> really encouraging. and it's not just what they're saying. it's how they're saying it. eric cantor came on. we've all, i think at times, even i as a conservative, who would vote probably along with eric cantor 99% of the time. saw him at times over the past couple years being a bit more obstructionist than i think was good for the party. i thought i loved his tone the other day. what did he focus on? he focused on jobs, on proving that conservatism actually helped all americans, not 53%, not 47%. and yesterday w
he can cut a deal to avert the fiscal cliff. there has been an epidemic of open-mindedness as republicans try to win minority votes and create a version of their party that can be competitive in states like connecticut and california. the republicans may still blow it. if president obama is flexible and they don't meet him part way, republicans would contribute to a recession that would discredit them for a decade. but they are moving in the right direction and moving fast. these are first...
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. >> let's talk about the fiscal cliff. also on the radar this morning, after president obama and house speaker john boehner both were tight-lipped how the negotiations went. the co-founder of the fix the debt campaign, he was asked about the chances of striking a deal to avoid the cliff. >> it's probably more like a 40% chance we'll actually get it done before the end of the year. probably 25% chance we'll get it done right after the end of the year. and then there's that horrible 35% chance that we'll still go over the cliff and have pure chaos. but i think the chances of getting it done now are better. i think that's what's key. >> be sure to tune in tomorrow for the fiscal cliff coverage live from washington. mission critical, rise above d.c., all day long. becky quick, jim cramer, maria bartiromo holding their feet to the fire about where they stand on the fiscal cliff and how they'll do their part to rise above partisan politics and reach a deal. now, there are some bowles comments. 40%, yeah, but the odds are much be
. >> let's talk about the fiscal cliff. also on the radar this morning, after president obama and house speaker john boehner both were tight-lipped how the negotiations went. the co-founder of the fix the debt campaign, he was asked about the chances of striking a deal to avoid the cliff. >> it's probably more like a 40% chance we'll actually get it done before the end of the year. probably 25% chance we'll get it done right after the end of the year. and then there's that horrible...
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blame the stalled negotiations over the fiscal cliff which grew more heated with political leaders on both sides ramping up the rhetoric but president obama and house speaker john boehner are going to meet at white house in just a few minutes. >>> late today the president accepted united nations ambassador susan rice's decision to remove her name from consideration for secretary of state. >>> fox news reports that senator john kerry is being talked up in the administration as likely nominee pour that position. >>> home repossessions hit a nine-month high in november even as foreclosure filings fell to the lowest level in six years. courting to realtytrac number of homes in the process fell to the lowest level in six years. that is the latest from fox business network, giving you the power to prosper david: well the "wall street journal" poll of economists found a majority of those polled oppose the fed's continuation of money printing and bonn buying like was announced yesterday. one of the most influential of these voices, john silvia, managing director and chief economist for wells
blame the stalled negotiations over the fiscal cliff which grew more heated with political leaders on both sides ramping up the rhetoric but president obama and house speaker john boehner are going to meet at white house in just a few minutes. >>> late today the president accepted united nations ambassador susan rice's decision to remove her name from consideration for secretary of state. >>> fox news reports that senator john kerry is being talked up in the administration as...
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cliff? forget it. >> it was remarkable to see how this happened yesterday. i will read from john stanton's twitter feed our friend from business feed. i was there -- buzzfeed. his presence could push it over the edge. dole was there watching them vote. after he left the floor, he said the republicans very quietly got up, didn't vote from their desk. they got up quietly walked up to vote. he said that was remarkable because nobody wants that video in a commercial of them voting against bob dole, against people with disabilities. >> yeah, senator moran now, i forget his first name from texas who, i'm sorry from kansas jerry moran of kansas. i think he has the bob dole seat. he put out a press release with john mccain praising the treaty when it was first brought to the senate. he voted against it yesterday. these guys are courts and mean and they don't care. they don't care about the disabled either. my point is, again, this is the gang that the president has got to do business with. forget it
cliff? forget it. >> it was remarkable to see how this happened yesterday. i will read from john stanton's twitter feed our friend from business feed. i was there -- buzzfeed. his presence could push it over the edge. dole was there watching them vote. after he left the floor, he said the republicans very quietly got up, didn't vote from their desk. they got up quietly walked up to vote. he said that was remarkable because nobody wants that video in a commercial of them voting against bob...
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and we look at the continuing fiscal cliff discussions of course. after several days of public proceed announcements and posturing, budget talks have privately resumed before john boehner and the white house. the "wall street journal" says this breaks a new week long silence as that deadline looms. president obama and boehner spoke by phone on wednesday. they promised to renew the negotiations. several top executives have also weighed in on thursday. >> there's been some movement. everybody realizes there has to be a revenue component, spend component, entitlement reform component. >> patrick, where does it hang on now for you? clearly the president last decided there has to be tax rises for the wealthy. if the democratic side can come up with entitlement cuts, maybe we get a deal. >> i think this is pure political theater. this is a situation that was created 18 months ago in order for the politicians to get by the election. now they've done so. we still confront the same fiscal unsustainability here in the united states that's been evident to ever
and we look at the continuing fiscal cliff discussions of course. after several days of public proceed announcements and posturing, budget talks have privately resumed before john boehner and the white house. the "wall street journal" says this breaks a new week long silence as that deadline looms. president obama and boehner spoke by phone on wednesday. they promised to renew the negotiations. several top executives have also weighed in on thursday. >> there's been some...
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. >>> our country will be heading over the fiscal cliff that we ourselves dug and put in our way. it's the set of automatic spending cuts and tax hikes that can only be averted if our nation's leaders are able to display bear bones competence and middle school-level maturity. so is there a deal? >> there's, of course, no deal. >> of course! is there a prospect for a deal? >> there's not a prospect for a deal. >> of course! but the ongoing talks. >> there aren't even very many talks going on. >> you're killing us! give us something. >> but for the first time, there are numbers on pieces of paper from both sides. >> numbers on paper! >>> good morning. it's wednesday, december 5th. welcome to "morning joe." live in the nation's capital. this is exciting. and you know, i said, let's do a show from washington, d.c., because they get so much stuff done there. it's like silicon valley. and going there when steve jobs was really bringing apple to the forefront -- >> a happening place. >> it is. it's where things happen. that's why we're here, steve rattner. >> washington is the place. wit
. >>> our country will be heading over the fiscal cliff that we ourselves dug and put in our way. it's the set of automatic spending cuts and tax hikes that can only be averted if our nation's leaders are able to display bear bones competence and middle school-level maturity. so is there a deal? >> there's, of course, no deal. >> of course! is there a prospect for a deal? >> there's not a prospect for a deal. >> of course! but the ongoing talks. >> there...
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let's assume we go through the fiscal cliff. immigration, investments. you are not going to do a dream act. we had a chance to do it. george bush, john mccain. maybe the republicans learned a lesson. i covered the 1985-1986 act. they have the most skillful treasure secretary around. when its top about infrastructure spending and things we have done with nih, all the talk now is about debt. how do you do what glenn envisions? >> we are not going to get away from someone of a doomsday scenario for quite some time which would allow us to get to glenn's position. i do think it is importance. the priorities -- people don't have a disagreement about whether the federal government should have a role in immigration or in infrastructure. we may disagree in terms of where we want to go. there are larger conversations out there. those do divide the parties. we accept these as government rolls. -- roles. i think what glenn has talked about and how do you get there? the united states congress and the white house is very disjointed because the american public is very
let's assume we go through the fiscal cliff. immigration, investments. you are not going to do a dream act. we had a chance to do it. george bush, john mccain. maybe the republicans learned a lesson. i covered the 1985-1986 act. they have the most skillful treasure secretary around. when its top about infrastructure spending and things we have done with nih, all the talk now is about debt. how do you do what glenn envisions? >> we are not going to get away from someone of a doomsday...
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the president and john boehner speaking by telephone on tuesday changing fiscal cliff proposals. reducing new tax revenue from 1.6 to $1.4 trillion over five years. but they're jockeying on who should spell out the specifics on the spending cuts. walmart's ceo mike duke expressed concerns about the fiscal cliff. >> the week before the election, only one-fourth, 25% of our core customers even knew what fiscal cliff meant. okay? one week after the election, it was up to 75%. now these same customers, 15% of our customers are telling us, this discussion about fiscal cliff will affect what they spend on christmas. >> that's a fascinating read on -- >> i wonder who's doing the surveying? how is that occurring? >> greeters? >> i would be curious how they know those percentages. do they ask people at the -- >> yeah. >> and can you define the fiscal cliff? i don't mean to question the methodology, it's interesting. >> just curious. >> i think that when i was in washington, i got the sense that there were just a lot of people there who actually thought romney was going to win. and there w
the president and john boehner speaking by telephone on tuesday changing fiscal cliff proposals. reducing new tax revenue from 1.6 to $1.4 trillion over five years. but they're jockeying on who should spell out the specifics on the spending cuts. walmart's ceo mike duke expressed concerns about the fiscal cliff. >> the week before the election, only one-fourth, 25% of our core customers even knew what fiscal cliff meant. okay? one week after the election, it was up to 75%. now these same...
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earlier the president told the business round table a deal to avoid the fiscal cliff could be reached quickly if republicans drop their opposition to raising tax rates on the wealthy. in an interview on cnbc, timothy geithner says the gop is making a little bit of progress, but the white house is absolutely ready to go over the cliff if tax rates on the top 2% don't rise. >> i want to understand the administration's position when it comes to raising taxes on the wealthy, those making more than $250,000. if republicans do not agree to that, is the administration prepared to go over the fiscal cliff? >> absolutely. again, there is no prospect to an agreement that doesn't involve those rates going up on the top 2% of the wealthiest. remember, it's only 2%. >> with both sides in washington publicly digging in their heels, how much will the fiscal cliff impact the credit markets? ben garber joins us for more. ben, good morning. clearly we're focused on the down side risk from the budget standoff and then there's beyond that. let's talk about the short term at the moment. what impact is tha
earlier the president told the business round table a deal to avoid the fiscal cliff could be reached quickly if republicans drop their opposition to raising tax rates on the wealthy. in an interview on cnbc, timothy geithner says the gop is making a little bit of progress, but the white house is absolutely ready to go over the cliff if tax rates on the top 2% don't rise. >> i want to understand the administration's position when it comes to raising taxes on the wealthy, those making more...